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Why Is It Sometimes Easier to Use a Frequency Table

question 14

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Why is it sometimes easier to use a frequency table to interpret data than to examine a distribution of raw scores?


Definitions:

Resource Demand

The requirement for raw materials, labor, and other inputs needed by businesses to produce goods and services.

Operating Costs

Expenses associated with the day-to-day functioning of a business, such as rent, utilities, and payroll.

Fixed Costs

Expenses that do not change in the short term, regardless of the level of goods or services produced by a business.

BTU

British Thermal Unit, a measure of heat energy equal to the amount required to raise the temperature of one pound of water by one degree Fahrenheit.

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